Tapswap, a popular tap-2-earn app powered by TON Blockchain, has announced the postponement of its token allocation to users to the third quarter of the year.
The app, which has gained immense popularity among Nigerians and amassed over 50 million users since its launch on February 15, 2024, cited the need for a more detailed work on tokenomics and the right launch strategy.
In a series of threads on X, the management explained that the decision was made to better serve its players and ensure a fair and profitable launch. The team is in active talks with tier 1 exchanges worldwide to list the token and price it away from scammers and web3 industry leaders who are impressed by the game’s success.
While the management acknowledged the inconvenience caused by the postponement, they assured players that the extra time would be used to ensure a successful launch. They encouraged players to be happy about the bigger news in the future and appreciated their support and feedback.
The token launch was initially scheduled for July 1st but was postponed indefinitely. The Head of Communications, John Robbin, disclosed that the method of token allocation had not been ascertained and that the processes could not be communicated before the allocation.
Tapswap has assured its players that a significant part of the tokens will be allocated to the community to retain the tappers and ensure everyone is part of the Tapswap community.